The Reagan and Thatcher administrations eventually came to power on platforms that promised to enhance individual freedoms by liberating capitalism f… - Jason Hickel

Some critics have claimed that degrowth is nothing more than a new version of austerity. But in fact exactly the opposite is true. Austerity calls for scarcity in order to generate more growth. Degrowth calls for abundance in order to render growth unnecessary. If we are to avert climate breakdown, the environmentalism of the twenty-first century must articulate a new demand: a demand for radical abundance.

Scientists tell us that up to 140,000 species of plants and animals are disappearing each year due to our of the Earth's ecosystems. This rate of extinction is 100 to 1,000 times faster than before the Industrial Revolution - so fast that scientists have classed this as the event in the planet's history, with the last one having occurred some 66 million years ago.

The rise of capitalism, rather than delivering improvements in human welfare, was associated with plummeting wages, a reduction in human stature, and a marked upturn in the incidence of famine. Progress did not begin until the 1880s in the European core, and the 20th century in the European periphery, the latter roughly a century later than the standard narrative suggests.